Summit Environmental Technologies, Inc.
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Summit Environmental Technologies, Inc. - overview
Established
1994
Location
Cuyahoga Falls, OH, US
Primary Industry
Environmental Services
About
Based in Ohio, US, and founded in 1994, Summit Environmental Technologies, Inc. is a provider of comprehensive environmental testing services, specialising in water, wastewater, air, and solid waste analysis. In November 2023, Alliance Technical Group, LLC, a portfolio company of Morgan Stanley, acquired Summit Environmental Technologies, Inc. The company offers a comprehensive suite of personalised testing services, such as environmental testing services, PFAS testing, radiological analysis laboratories, restrictive hazardous substances testing methods, and water testing laboratories, for companies nationwide and worldwide.
The testing includes PFAS testing and UCMR5 analysis, along with air testing and TO-15 services, gross alpha testing, gross beta testing, radium 226 testing, and more. The company's product offerings include an extensive range of EPA methods, covering air quality, general chemistry, metals, wet chemistry, organic compounds, radiation chemistry, bioassays, sample preparation, immunoassays, and hazardous waste methods. Summit Environmental Technologies excels at providing accurate and reliable data through its adherence to rigorous testing protocols. The firm's testing equipment includes a radon analyzer, gas proportional counters, liquid scavenging, gamma spec analyzer, ICP, ICP/MS, GC, GC/MS, high-resolution GC/MS, LL Hg, IR, TN, HPLC, HPLC/MS/MS, IC, BTU, TOC, TOX, and XRF.
Summit's clientele boasts entities such as General Electric, Dow Corning, and Waste Management Corp. , highlighting its widespread industry influence. Summit caters to a diverse clientele, including consultants, manufacturing plants, waste disposal facilities, paper mills, and wastewater plants.
Current Investors
Alliance Technical Group, LLC
Primary Industry
Environmental Services
Sub Industries
Environmental Services
Website
www.settek.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Summit Environmental Technologies, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Summit Environmental Technologies, Inc. | - |
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